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News

    By
  • Elizabeth King
  • January 21, 2025
Fort Myers airport breaks passenger traffic record in 2024

The Lee County Port Authority reports a strong December capped off a record year in travel for RSW.

  • Manatee-Sarasota
    By
  • Louis Llovio
  • January 21, 2025
St. Petersburg financial firm bought by Mississippi bank

Sabal Trust Co., an employee-owned financial firm, sold for an undisclosed amount.

  • Tampa Bay-Lakeland
    By
  • Laura Lyon
  • January 21, 2025
Water Street Tampa welcomes slew of new businesses

Four new retail and food locations will be opening in the downtown Tampa neighborhood.

  • Tampa Bay-Lakeland
    By
  • Elizabeth King
  • January 21, 2025
Seafood restaurant to open in Sarasota's Rosemary District

Lefty's Oyster & Seafood Bar is a business developed by Watershed Hospitality Concepts.

  • Manatee-Sarasota
    By
  • Jim DeLa
  • January 21, 2025
Sarasota Winn-Dixie to close, reemerge as Aldi

The conversion could take several months, the company says.

  • Manatee-Sarasota
    By
  • Elizabeth King
  • January 20, 2025
YouTube star becomes partner in Bradenton Motorsports Park

A race car driver who is also a YouTuber is now 50% owner of the drag racing facility off State Road 64 in Bradenton.

  • Manatee-Sarasota
    By
  • Laura Lyon
  • January 20, 2025
Polk County art museum completes $8 million expansion

The latest expansion brings The Ashley Gibson Barnett Museum of Art’s size to 50,000 square feet.

  • Tampa Bay-Lakeland
    By
  • Louis Llovio
  • January 20, 2025
Naples condo project site sells for $92.5 million

Kolter Urban has bought the former Executive Club property and plans for luxury waterfront development.

  • Charlotte–Lee–Collier
    By
  • Louis Llovio
  • January 19, 2025
Dallas auto auction firm buys 835 acres in Charlotte County for $13.3M

In the week's top commercial real estate news, Nordstrom Rack is coming to Estero, a prominent Lakeland CRE firm changes its name, and work starts on a Sarasota boutique condo community.

  • Florida
    By
  • Elizabeth King
  • January 18, 2025
Allegiant plane at SRQ features unique wrap

A distinctive design is emblazoned on a plane at Sarasota-Bradenton International Airport that officials hope will boost tourism.

  • Manatee-Sarasota
    By
  • Mark Gordon
  • January 18, 2025
Naples wealth advisory firms, one with $2.5B in assets, announce partnership

Capital Wealth Advisors and Bray Capital Advisors are merging in what the entities call a strategic partnership.

  • Charlotte–Lee–Collier
    By
  • Elizabeth King, Laura Lyon
  • January 17, 2025
Nominations for Business Observer's 2025 Top Contractors issue open

Nominations will be accepted through Friday, Feb. 7.

  • Florida
    By
  • Louis Llovio
  • January 17, 2025
Atlanta apartment developer pays $19.9 million for Fort Myers land

The Residential Groups plans to build a 386-unit apartment community and commercial center on the 32-acre parcel.

  • Charlotte–Lee–Collier
    By
  • Louis Llovio
  • January 17, 2025
Citrus industry withers as Florida's groves flounder

Despite the best efforts and hopes of the citrus industry, hurricanes and a bacteria continue to batter Florida's diminished defining crop. Yet some survival strategies are beginning to sprout.

  • Florida
    By
  • Louis Llovio
  • January 16, 2025
15 Big Lots store leases across the region listed for sale

The chain's new owner is selling the leases of about 500 stores in 47 states.

  • Florida
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